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Dec 4, 2012 3:00pm PST
interview since the election, president obama rejected a proposal from house speaker john boehner. he spoke on bloomberg television. >> unfortunately the speaker's proposal right now is still out of balance. i'm happy to entertain other ideas that the republicans may present. but we are not going to simply cut our way to prosperity or to cut our way out of this deficit problem that we have. we're going to need more revenues. in order to do that, that starts with higher rates for the folks at the top. >> reporter: the president did say today he would consider lowering rates again for the top two percent next year as part of a broader tax overhaul. the house republican plan envisions $2.2 trillion in deficit reductions over the next decade. $800 billion would come from new revenues but with no hike in tax rates for top earners. instead the plan relies on $1.2 trillion in reduced spending including $600 billion from changes in medicare and medicaid. at the white house today, the president met with a bipartisan group of governors pressing his own plan for deficit reduction. that proposal, $1.6
Dec 5, 2012 4:00pm PST
that while the elections may be exciting, the future of egypt is enshrine in this constitution that they are haggling over right now. >> and obviously, the constitution, you could argue whether egypt is better with or without one. probably better with one. although, there are great problems with freedom of religion, freedom of association, freedom of the press, freedom of rights for women. it will have to be improved upon. >> this is where political will and puritanism will be enshrined. >> will these various players compete to monopolize? that has been their experience and tradition going back tomorrow. or will this competition and tension actually produce respect for the roles of these institutions and compromise? something that they are clearly going to have to try to figure out. >> and you can see it even with americans in capitol hill. what are your thoughts about how this will work out? >> if you are a glass is half full, the institutional society right now is the muslim brotherhood, but you have an opposition that has been reenergize. the key is, can they become organize
Search Results 0 to 2 of about 3 (some duplicates have been removed)